Booking Holdings Inc. (NASDAQ:BKNG) Stock Holdings Lowered by Meeder Asset Management Inc.

Meeder Asset Management Inc. decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 31.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20 shares of the business services provider’s stock after selling 9 shares during the quarter. Meeder Asset Management Inc.’s holdings in Booking were worth $84,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. CreativeOne Wealth LLC purchased a new stake in shares of Booking in the first quarter worth approximately $537,000. EP Wealth Advisors LLC grew its holdings in shares of Booking by 2.2% during the 1st quarter. EP Wealth Advisors LLC now owns 793 shares of the business services provider’s stock valued at $2,877,000 after acquiring an additional 17 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Booking by 23.8% during the first quarter. Advisors Asset Management Inc. now owns 520 shares of the business services provider’s stock valued at $1,886,000 after purchasing an additional 100 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its stake in Booking by 0.8% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,461,000 after purchasing an additional 3 shares in the last quarter. Finally, Guardian Capital LP increased its position in Booking by 3.0% in the 1st quarter. Guardian Capital LP now owns 3,187 shares of the business services provider’s stock worth $11,562,000 after purchasing an additional 94 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Booking

In other news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the transaction, the insider now owns 3,787 shares in the company, valued at $14,722,379.07. The trade was a 2.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.12% of the company’s stock.

Booking Stock Up 0.8 %

Shares of BKNG stock opened at $5,016.43 on Thursday. The stock has a 50-day moving average price of $4,431.19 and a 200 day moving average price of $4,019.06. The firm has a market cap of $166.03 billion, a price-to-earnings ratio of 34.04, a PEG ratio of 1.55 and a beta of 1.38. Booking Holdings Inc. has a 12 month low of $3,079.50 and a 12 month high of $5,069.44.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be given a dividend of $8.75 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.70%. Booking’s payout ratio is currently 23.75%.

Analyst Ratings Changes

A number of equities analysts recently commented on BKNG shares. Oppenheimer increased their price objective on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. UBS Group increased their price objective on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Morgan Stanley increased their price objective on Booking from $4,200.00 to $4,600.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. Evercore ISI lowered their price target on Booking from $4,500.00 to $4,200.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Finally, StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Ten analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $4,785.00.

About Booking

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.